FDA Releases New Draft Guidance on Interchangeability 

August 21, 2024

EGWP marketplace medicaid Medicare

Recently, the FDA released draft guidance on the way it evaluates interchangeable biosimilars. Interchangeability is a regulatory designation that allows pharmacists to automatically substitute a biosimilar for its reference drug, similar to generics. Currently applicants need to show that a patient could be switched from the reference product to the biosimilar and back without issue. Based on updated scientific understanding, the FDA now believes the safety and efficacy risks are insignificant and has decided to revise the interchangeability guidance such that switching studies are no longer required. In the draft guidance, the FDA proposes allowing biosimilar manufacturers to submit data that demonstrates that a biosimilar meets the switching standard without conducting a switching study. This new policy applies retroactively to pending biosimilar applications.

The FDA requested removal of the statutory distinction between the approval standard for biosimilars and interchangeable biosimilars in its budget request this year, so this revised approach was not surprising. The Cigna Group has advocated for years for a safe, effective way to speed approval and market entry of biosimilars and supports removal of the statutory distinction. We plan to comment in support of the draft guidance by the Aug. 20 deadline.

legislation

House Committee Holds Final Hearing in Series on the Role of PBMs

The House Committee on Oversight and Accountability held a final hearing on the value of PBMs in the marketplace, with Adam Kautzner, PharmD, President of Evernorth Care Management and Express Scripts, testifying alongside executives from CVS Caremark and OptumRx. The Committee made it a priority to study PBMs when Republicans gained control of the House […]
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August 21, 2024

EGWP marketplace medicaid Medicare

legislation

Members of Congress, PCMA, and Others Respond to FTC PBM Interim Report

On July 9, the FTC released an interim staff report in connection with its 6(b) study of the PBM industry. In a dissenting statement released with the report, Commissioner Holyoak calls the report “premature and deficient,” saying that FTC Chair Lisa Khan “cobbles together structural observations that in her apparent view dispenses with the need […]
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August 21, 2024

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survey results

Former DOJ Economist Dennis Carlton Releases Empirical Analysis of PBM Data Contradicting FTC Findings

Dennis W. Carlton, Ph.D., David McDaniel Keller Professor of Economics Emeritus at the University of Chicago Booth School of Business and former chief economist at the U.S. Department of Justice, released preliminary findings of his research into PBMs. The analysis was based on the same data submitted to the FTC by Express Scripts, CVS Caremark, […]
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August 21, 2024

EGWP marketplace medicaid Medicare

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